The study reports that the global transportation management market is expected to grow from $8.31 billion in 2014 to $14.85 billion by 2019, at an estimated Compound Annual Growth Rate (CAGR) of 12.3% from 2014 to 2019.
Dallas, Texas (PRWEB) February 14, 2014
Transportation management is a key element in the logistics chain, which joins the separate activities; therefore, a good communication between each component of the chain is important to bring the maximum benefits. Transportation is required in the whole production procedures, from manufacturing to delivery to the final consumers. This report highlights the transportation management solutions and services in detail about how these are helpful in managing different transportation activities that are associated with the logistics and supply chain.
Consolidation is the trend seen in this market where smaller shippers are acquired by the giants of the industry. There are vendors in this market which offers complete end-to-end solutions for the carriers and the shippers and at the same time there are a few who provide specialized solutions for the Logistics Service Providers (LSPs).
Complete report available at http://www.rnrmarketresearch.com/transportation-management-market-transportation-management-system-fleet-management-solutions-freight-audit-payment-route-planning-optimization-managed-services-business-services-global-ad-market-report.html.
The transportation management market comprises the verticals including roadways, railways, airways, and seaways. In 2014, roadways accounts for the highest market share. However, in 2019, the revenue from roadways is expected to be comparable to that from railways.
The Year-over-Year (Y-o-Y) growth rates of roadways will be on the higher side throughout the forecast period. A few high-growth markets are railways, seaways, and airways.
The key playing fields are Transportation Management system (TMS), freight audit and payment solutions, route planning, and scheduling, and route optimization solutions in the transportation management market. TMS solutions help in streamlining the transportation activities that are needed in handling inbound and outbound operations for both shippers, and carriers.
There are various assumptions that we have taken into consideration for market sizing and forecasting exercise. A few of the global assumptions include political, economic, social, technological, and economic factors. For instance, exchange rates, one of the economic factors, are expected to have a moderate impact on this market. Therefore, dollar fluctuations are not expected to seriously affect the forecasts in the emerging Asia Pacific (APAC) regions.
The report will help the market leaders/new entrants in this market in the following ways:
- The report segments the market into solutions, products, and applications covering this market comprehensively. It provides the closest approximations of the revenue numbers for the overall market and the sub-segments. The market numbers are further split across the different verticals and regions.
- The report will help them better understand the competitor and gain more insights to better position their business. There is a separate section on competitive landscape, including competitor ecosystem, mergers and acquisition, and venture capital funding. Besides, there are company profiles of 15 top players in this market. In this section, market scenarios are provided that can put them ahead of the competitors.
- The report helps them understand the pulse of the market. It provides information on key market drivers, restraints, challenges, and opportunities.
Major points from table of content
9 Company Profiles
9.2 Descartes Systems Group, Inc.
9.3 Ibm Sterling Transportation Management System
9.5 Jda Software Group, Inc.
9.6 Lean Logistics
9.8 Manhattan Associates
9.9 Oracle Corporation
9.10 Qad, Inc.
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